In 2016, another flash crash occurred – this time in the spot rate in the over-the-counter market. It caused the British pound to fall against the US by over six per cent in just two minutes. To understand what had happened and how to limit the impact of any future flash crashes, the UK’s Financial Conduct Authority turned to RoZetta Institute for help.

Industrial PhD researcher Florian Schroeder (pictured above) was embedded with the FCA to find the answers. His ‘rigorous research’, which you can read about in the attached pdf, was praised for delivering those answers. It’s another example of how RoZetta Institute research is able to improve and transform markets.